Such good advice from our friends at JA…
December is here, and with it comes the frenzy of holiday shopping. The expectation of giving gifts can be financially demanding. According to a survey of 500 U.S. teens conducted by JA USA and ORC International, 51% of teens planning to shop this holiday season expect to spend more than $100 on gifts.
“The holidays serve as one of the best opportunities to teach young people about the responsible management of money,” said Gina Blayney, JAUM president & CEO. “It’s important that teens learn how to budget in order to make informed decisions about a reasonable amount for them to spend on gifts for the holidays.”
Junior Achievement offers programs to K-12 students that teach them how to manage money and make smart financial decisions. Learn more.